Two-Unit
26-28 Porter Rd, Cambridge, MA 02140
For Sale
$1,795,000
Both residences are leased through May 31, and the property uses parking spaces on MBTA-owned land.
Property Size2,988 SF
Price / SF$600.74
Days on Market81
Property Features for 26-28 Porter Rd
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Neighborhood
Road Access
Additional Details
Multifamily Units
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Tenancy
Listing Agency:
Charles Associates Real Estate LLC
Listed By:
Paul Slavinski
Source:
Thewilsongrouprealtors
Added: Aug 19
Changed: Nov 5
Last Checked: Nov 7 at 10:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Charles Associates Real Estate LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-family duplex in Cambridge contains 2,988 square feet and dates to 1895. The residences have large rooms and receive abundant natural light; both are leased through May 31.
Porter Square is steps away, while the property sits on a quiet street. Parking uses 2–4 spaces located on a small parcel of MBTA-owned land.
Porter Square is steps away, while the property sits on a quiet street. Parking uses 2–4 spaces located on a small parcel of MBTA-owned land.
Key Highlights
- 2,988‑square‑foot two‑family duplex
- Built in 1895
- Both units rented through May 31
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,951
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,499,020
$1.5M
Cap Rate 7%
$1,070,729
$1.1M
Cap Rate 9%
$832,789
$832.8K
Market Conditions
NOI Build-Up for 2,988 SF
Gross rent
$112.9K $37.80/SF
− Vacancy
−$5.9K −$1.97/SF
EGI
$107.1K $35.83/SF
− OpEx
−$32.1K −$10.75/SF
NOI
$75.0K $25.08/SF
Area
Cambridge, MA
Vacancy
5.20%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,499,020
Cap Rate 7%
$1,070,729
Cap Rate 9%
$832,789
Alternative Uses
Best Use
Multifamily LT 5
$1.07M
$936.9K – $1.25M
NOI $74,951 @ 7.0% cap · market cap 4.18%
Second Best
Apartment 5plus
$1.00M
$875.6K – $1.17M
NOI $70,048 @ 7.0% cap · market cap 3.90%
Theoretical Best
Office A
$2.30M
$2.02M – $2.69M
NOI $161,252 @ 7.0% cap · market cap 8.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,098
Businesses Nearby
Explore this area
Business Placement
Demographics for 02140, MA
21,447
Population
11,117
Households
1.9
Avg Household Size
35
Median Age
79%
College-Educated
95%
High-School Grad
1.2 sq mi
ZIP Area
17,873
Density / Sq Mi
$136,382
Median Household Income
$77,506
Median Earnings
$2,581
Median Rent
$1,070,200
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Cambridge, MA
Properties on Market for Duplexes in Cambridge
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased through May 31, and the property uses parking spaces on MBTA-owned land.
Where is this duplex located?
The property is located at 26-28 Porter Rd Cambridge, MA.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: 2,988‑square‑foot two‑family duplex; Built in 1895; Both units rented through May 31
